Can Breadwinners Have Boundaries?
It’s no secret that I do my best to run my firm with iron-clad boundaries. But I do this from a place of being part of a two-income household with my husband holding a W-2 accounting job that offers health insurance.
It begs the valid question…
Can you have boundaries if you’re the breadwinner or primary income of the family? Or do you think scarcity thoughts will have more of an impact?
Yes, I absolutely think you can still have boundaries.
But I do think if your firm is the sole source of income for your household, it will (could?) affect your sense of urgency and stress levels.
Ask yourself:
How many months of cash reserves do you have in your business?
How many months (or years) of household expenses do you have in your personal savings?
How fast could you or your spouse get a W2, if needed?
Then develop a clear cash flow forecast for your firm to scenario plan around different growth or disengagement rates
Only after all that fact gathering (vs the fear mongering our brain will run away with on its own), I would come up with a growth plan and develop onboarding and client capacity limit boundaries around that.
The point here is to build boundaries based on facts and forecasting and not to react impulsively out of scarcity-based fear.
Hope this helps,
Erica
What’s Happening in Aligned
Sales & Marketing Summer Series:
Get ready for the Sept - Nov accounting selling season this fall (yes, fall is a real selling season) with these three MeetUps happening this summer. Join live to ask your questions or submit your questions early and watch the recordings at a time that works for your schedule.
➡️ Niching with Geraldine Carter - Recording Now Available (the feedback was great on this session!)
➡️ Simple Marketing Funnels for Solo Accountants with Erica - Wed, July 16th (11am MST)
➡️ Sales Strategy with Nikki Rausch - Wed, Aug 20th (11am MST)
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